R 4 990 000
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10 Bedroom Apartment in Glenlily

10 6 5 459 m²

Block of Flats for Sale in Glenlily Parow

NEW ON THE MARKET ! EXCLUSIVE MANDATE !

Investment Opportunity Fully Tenanted with Monthly Rental Income of +-R49,000 pm!

A rare opportunity to acquire a fully tenanted, income-generating apartment block in the sought-after suburb of Glenlily, Parow. This solid investment is ideal for savvy investors seeking consistent returns and long-term growth potential.

Property Highlights:

6 Apartments in Total

4 x Spacious 2-Bedroom Units (each with spacious Lounge, Kitchen & Bathroom)

2 x Comfortable 1-Bedroom Units (each with Lounge, Kitchen & Bathroom)

Prepaid Electricity: Each unit is separately metered for convenience

Parking: 5 secure bays for residents

Prime Location: Close to public transport routes, schools, shops, and other amenities

This property is not sectionalised, offering full ownership of the entire block with ease of management. With tenants already in place, you step straight into a streamlined, income-generating investment from day one.

Whether youre looking to expand your portfolio or secure a reliable passive income stream, this apartment block presents an exceptional investment opportunity in the heart of Parow as it is fully tenanted and generating a monthly rental income of +- R49000.00 per month.

Dont miss out on this high-yield propertycontact us today to arrange an exclusive viewing!

Pre-approved clients with a valid certificate will be considered when scheduling to view. Should you require assistance in gaining pre-approval, please feel free to contact us & we will assist you at no charge

Disclaimer - While every care has been taken in the marketing material used for this property listing, we cannot be held responsible for any errors and omissions (E&OE) which may occur

Registered with the PPRA

Property details

  • Listing number T5194491
  • Property type Apartment
  • Listing date 18 Aug 2025
  • Land size 459 m²

Property features

  • Bedrooms 10
  • Bathrooms 6
  • Open parking 5
  • Kitchen

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